Gelineau & Associates R.E. Sells Multifamily Property In Waltham, MA For $2.4M
71 Francis Street, Waltham, Massachusetts 02451, United States
$2,400,000
$388/SF
Building Size
6,172 SF
Asset Type
MultiFamily
Closing
Mar 30, 2022
AI
A multifamily property located at 71 Francis St in Waltham, MA has been sold for a total of $2,400,000. The property spans 6,172 square feet, resulting in a price per square foot of $389. The sale took place on 03/31/2022.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Address: 71 Francis St, Waltham, MA
- Market: Waltham, MA
The sale was facilitated by Glenna Gelineau from Gelineau & Associates R.E., who represented the parties involved in the transaction.
Players
Waltham MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93